Europe
Distribution of Neste diesel expands to Estonia
Neste will start distributing the Neste Pro Diesel in the company's Estonian station network. Distribution starts with four stations and will be expanded during May to cover 20 Neste stations in Estonia.
Despite alliance, Russian shipper holds Venezuela oil hostage over debts
ST. EUSTATIUS/HOUSTON (Reuters) -- Venezuela's state-run oil company, PDVSA, sent a tanker in October to the Caribbean with the expectation that its cargo of crude would fetch about $20 MM—money the crisis-stricken nation desperately needs.
Neste Jacobs to perform energy study for Unipetrol's Czech Republic refinery
Technology, engineering and project management company Neste Jacobs and refinery and petrochemical group Unipetrol have signed an agreement for Neste Jacobs to perform a comprehensive energy efficiency study of Unipetrol's Litvinov oil refinery in Czech Republic.
Oil slides as US pumps more, but OPEC and North Korea loom
LONDON (Reuters) -- Crude oil slid lower on Monday on signs that the United States is continuing to add output, largely counteracting strong economic growth in China and OPEC efforts to cut production.
Russia's Transneft says oil supply schedule for Belarus in 2Q 2017
MOSCOW (Reuters) -- Russia will supply 5 MMt of oil to Belarus in the second quarter, down from 6 MMt seen previously, Russian oil pipeline monopoly Transneft said on Friday.
Nitrous gases briefly released at BASF plant after breakdown
BERLIN (Reuters) -- German chemicals company BASF said it had shut down one of its facilities at its main Ludwigshafen site after a breakdown at the facility led to a brief release of nitrous gases (NOx).
Linde-Praxair merger deal falls behind schedule
MUNICH, Germany (Reuters) -- Linde and Praxair's $65 B merger talks are facing legal complexities that mean the agreement will not be finalized as planned before Linde's annual shareholder meeting on May 10, a source familiar with the situation said.
Pakistan's PARCO to upgrade refinery using Honeywell technologies
DES PLAINES, Ill. -- Honeywell announced that Pak-Arab Refinery Limited (PARCO) will use technologies from Honeywell UOP and Honeywell Process Solutions to upgrade its Mid-Country Refinery near Multan, Pakistan, enabling it to meet growing domestic demand for cleaner-burning fuels.
Uniper's ULSFO facility in Fujairah sends cargoes to Europe, Asia
DUBAI (Reuters) -- Supplies of ultra-low-sulfur fuel oil (ULSFO) from the United Arab Emirates are becoming commonplace as Uniper ramps up production at its Fujairah facility, commissioned since the start of the year.
OPEC figures show oil output cuts exceed pledge in March
DUBAI/LONDON (Reuters) -- OPEC states cut oil output in March by more than they pledged under supply curbs, according to figures the exporter group uses to monitor its supply, extending a record of higher-than-expected adherence to its first production cut in eight years.
- Sinochem says Quanzhou refinery to resume operations soon 1/13
- China's heavy reliance on Iranian oil imports 1/13
- Russia's diesel exports jump 40% in December on higher fuel output 1/13
- Indonesia launch of B50 biodiesel depends on crude oil, palm oil prices 1/13
- Marine fuel sales in Singapore bunker hub scale fresh highs in 2025 1/13
- Venezuela begins reversing oil output cuts as exports resume 1/13
